EU to launch 8-billion-euro youth employment deal

European Commission President Jose Manuel Barroso (L) talks with Belgium's Prime Minister Elio Di Rupo during a European Union summit in Brussels June 27, 2013. In the background, France's President Francois Hollande (back, R) talks with Romania's President Traian Basescu and Lithuania's President Dalia Grybauskaite (back, 3rd R). European officials struck two significant deals on banking resolution and their long-term budget in last-ditch negotiations early on Thursday, giving EU leaders a much needed lift before a summit on youth unemployment and growth. [Photo/Agencies]